Fedbank Financial Services Limited has scheduled a board meeting for March 3, 2026, to consider and approve the issuance of Non-Convertible Debentures worth up to ₹500 crores on a private placement basis. The meeting follows prior board approval and shareholder consent for a broader NCD program.

Board Meeting Details

The company has formally notified stock exchanges about the upcoming board meeting under Regulations 29 and 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will specifically address the issuance of rated, listed, unsecured, non-cumulative, redeemable, subordinated Non-Convertible Debentures.

Regulatory Approvals and Timeline

The proposed NCD issuance builds upon previous corporate approvals obtained through a structured timeline. The Board of Directors initially granted approval on August 25, 2025, for issuing listed Non-Convertible Debentures up to ₹2,500 crores in one or more tranches, subject to shareholder approval.

Subsequently, shareholders approved the NCD issuance program at their meeting held on September 29, 2025, authorizing Non-Convertible Debentures on private placement basis not exceeding ₹2,500 crores in one or more tranches.

Debenture Structure

The proposed debentures will carry specific characteristics designed for institutional and qualified investors. Each debenture will have a face value of ₹1,00,000, with the total issuance comprising up to 50,000 debentures. The instruments are structured as rated, listed, unsecured, non-cumulative, redeemable, and subordinated Non-Convertible Debentures.

The company has indicated that the intimation regarding the board meeting has been hosted on its official website at www.fedfina.com , ensuring transparency and regulatory compliance in the disclosure process.

Fedbank Financial Services Limited has announced the allotment of 21,750 equity shares to employees following the exercise of vested stock options under the company's Employee Stock Option Scheme 2018. The allotment was approved by the Committee of Directors (Operations) on February 20, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Capital Enhancement Details

The allotment has resulted in an increase in the company's paid-up share capital structure. Each allotted share carries a face value of Rs. 10, maintaining consistency with the existing equity share structure.

Stock Option Scheme Implementation

The allotment was executed under the 'Fedbank Financial Services Limited - Employees Stock Option Scheme, 2018', demonstrating the company's commitment to employee participation in equity ownership. The scheme allows eligible employees to exercise their vested stock options, converting them into equity shares of the company.

Regulatory Compliance and Share Rights

The company has confirmed that the newly allotted shares rank pari-passu with existing equity shares, ensuring equal rights and privileges for all shareholders. Fedbank Financial Services is currently completing the necessary formalities for listing these allotted shares on the stock exchanges.

The announcement was communicated to both the National Stock Exchange of India Limited and BSE Limited through the company's secretarial department, ensuring proper disclosure to all stakeholders and market participants.